The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Greenback jumps but outlook's cautious
On Thursday, the US currency added versus a trade-weighted basket of currencies because traders consolidated positions with the low-yielding Swiss franc as well as Japanese yen backed amid deepening anxiety over tensions between America and North Korea.
The markets are seeking direction after Wednesday's steep moves and geopolitical worries will dominate in financial markets in the coming days, as some financial experts state.
The dollar index leapt 0.2% trading at 93.73.
On Wednesday, the Swiss franc along with Japanese yen had notched up huge revenues versus the greenback after Donald Trump warned North Korea that it would stumble on fire and fury if it dared to keep threatening the USA.
In return, North Korea announced its intention to launch missiles at Guam, an American Pacific island territory.
The common currency lost 0.3% hitting 1.1726 versus the greenback. It has dipped 1.5% since reaching a 2-1/2 year maximum of 1.1910 on August 2.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.